HKG:6862 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	4,708	4,499	1,374	-4,163
Depreciation & Amortization	2,540	2,914	3,768	4,519
Other Amortization	18.2	30.92	38.74	28.89
Loss (Gain) From Sale of Assets	-193.01	-43.62	-35.2	2,001
Asset Writedown & Restructuring Costs	12.87	-12.12	225.82	1,699
Loss (Gain) From Sale of Investments	-190.2	-52.37	27.3	22.49
Loss (Gain) on Equity Investments	-51.78	-45.86	-65.42	-81.11
Stock-Based Compensation	1.37	0.96	-	-
Other Operating Activities	96.34	351.49	303.35	106.93
Change in Accounts Receivable	511.23	-27.98	878.85	-677.91
Change in Inventory	13.99	67.19	127.4	-301.72
Change in Accounts Payable	-63.08	538.44	-400.79	361.59
Change in Unearned Revenue	79.33	65.53	78.26	102.09
Change in Other Net Operating Assets	150.82	714.22	-168.71	187.98
Operating Cash Flow	7,634	9,000	6,152	3,806
Operating Cash Flow Growth	-15.18%	46.29%	61.64%	30.28%
Capital Expenditures	-1,299	-452.41	-825.06	-4,430
Sale of Property, Plant & Equipment	0.18	12.86	6.08	10.88
Cash Acquisitions	-	-124.77	-20.21	-116.81
Divestitures	122.89	-	-	-
Sale (Purchase) of Intangibles	-10.13	-8.17	-22.41	-39.72
Investment in Securities	986.97	-4,765	-140.49	-351.17
Other Investing Activities	107.66	27.13	245.2	-26.11
Investing Cash Flow	-91.49	-5,311	-756.89	-4,953
Long-Term Debt Issued	97.08	1,054	1,172	6,175
Total Debt Issued	97.08	1,054	1,172	6,175
Long-Term Debt Repaid	-1,605	-3,915	-5,304	-3,480
Total Debt Repaid	-1,605	-3,915	-5,304	-3,480
Net Debt Issued (Repaid)	-1,508	-2,860	-4,132	2,695
Issuance of Common Stock	-	-	-	1,919
Common Dividends Paid	-6,071	-553.8	-650.03	-92.78
Other Financing Activities	-50.27	-87.48	-205.39	-210.19
Financing Cash Flow	-7,630	-3,502	-4,988	4,311
Foreign Exchange Rate Adjustments	18.45	-13.25	126.18	-80.36
Net Cash Flow	-68.64	174.69	534.05	3,084
Free Cash Flow	6,335	8,548	5,327	-623.46
Free Cash Flow Growth	-25.88%	60.46%	-	-
Free Cash Flow Margin	14.82%	20.62%	17.16%	-1.59%
Free Cash Flow Per Share	1.17	1.58	0.98	-0.12
Cash Interest Paid	55.33	87.79	205.39	210.19
Cash Income Tax Paid	1,772	980.35	352.7	702.23
Levered Free Cash Flow	5,423	7,364	4,300	-1,166
Unlevered Free Cash Flow	5,595	7,583	4,596	-801.82
Change in Working Capital	692.29	1,357	515.02	-327.98

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.